Examples of EU Act in a sentence
In its deliberations on the legislative scheme present at the time, the board determined that:… the EU Act sets out a legislative framework that allows for the implementation of decisions that place a greater emphasis on market forces and competition in generation.
In June 1995, a 10-member council, representing utilities and organizations in the electric industry, was appointed to establish rules and ensure that the Power Pool operated according to its mandate.Section 16 of the EU Act allows complaints regarding the workings of the Power Pool to be made to the Board.
Additionally, section 5 of the EU Act preserves the notion of distribution service areas.
The Board articulated those principles in relation to TransAlta’s 2001 Transmission Facility Owner (TFO) Tariff in Decision 2001-4 issued on January 12, 2001.43 In that Decision, the Board concluded that a settlement is no less a “negotiated settlement” within the meaning of the EU Act simply because it is not unanimous.
To ensure that government-owned participants do not have an unfair advantage, the EU Act establishes conditions under which municipalities may own an interest in a new generating unit for sale of power into the Power Pool.
The FIRM Customers also drew the Board’s attention to paragraph 11 of the Settlement Agreement (as amended) which provides that it is contingent on the Board accepting the entire agreement as contemplated in Section 68 of the EU Act or rejecting it in its entirety.
The Board considers that GENCO prices and tariffs should only remain in effect until31 December 2000 since Parts 4 and 5 of the EU Act cease to apply to regulated generating units on 1 January 2001.7 The Board also considers that TRANSCO tariffs should only remain in effect until 31 December 2000 since experience with the Transmission Planning Guidelines and the pending legislative enactment warrant a further review of TRANSCO tariffs for the period beyond 31 December 2000.
The RRO application was made pursuant to the Electric Utilities2 Act (EU Act), the Regulated Rate Option Regulation, and the Roles, Relationships and Responsibilities Regulation.
This agreement was embodied in the EU Act and established a broad framework for restructuring and reforming the electric industry.
With the introduction of section 9.8 of the EU Act, decisions of the Power Pool Council can now be appealed to the Board.